Flat Close Masks FII Exit as Vix Creeps Up Before RBI Policy
Foreign investors sold nearly ₹4,700 cr while domestics absorbed — but with India Vix at 14.78 and the MPC decision hours away, the equilibrium looks fragile, not stable.
Nifty settled at 22,532 — barely changed on the day — but the calm is deceptive. India Vix closed at 14.78, its highest in eight sessions, and has been climbing steadily since late September. The market isn't drifting; it's holding its breath before the RBI MPC decision tomorrow. FIIs sold ₹4,699 cr of cash-market equities today, and DIIs bought ₹5,182 cr to fill the gap. The index survived, but only because domestic money showed up again.
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Behind the gate: full narrative · India VIX · FII/DII flows · sector heat · View Evidence

